E-FUTURE INFORMATION (EFUT) AT 11.47

Fundamental: 8
Chart: N/A

Nov 6, 2006

eFuture Information Technology Inc. (''eFuture'') is a provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain front market. eFuture 's software solutions business is enhanced and supported by its consulting services and ongoing maintenance on existing software installations.

eFuture has over 500 customers, 30% of the top 30 retailers in China and 30% of top 500 retailers in China. And eFuture has also been selected to provide the retail software for upwards of 500 retail stores (Mickey Space) that will be selling Disney products in China. In addition, eFuture provides products and services to Proctor & Gamble, Ford, Panric, Haier, Gucci, Suning, PARKSON, SOGO, Wangfujing, Homeway, Orient home, and other large companies operating in China's domestic markets.

IBM is also a customer with EFUT. Here's the Article.

"One Chinese software company that IBM researchers are working with is efuture Information Tech Inc., a developer of retail technology. IBM wants to help efuture make its supply-chain-collaboration software more compatible with major business applications used by multinational companies. Also, IBM hopes adapting software such as efuture's to the collaborative tools built into its middleware products, such as IBM WebSphere, will boost its sales in China."

Here is the 2005 financial filing for EFUT. FORM 20-F/A.

The total revenue in 2005 was $4.86 million with a net income of $667,834, which is $0.43 diluted EPS. The 2004 EPS was $0.356 and a net loss of $0.20 EPS in 2003. The growth in EFUT is huge. The 2006 earning should be higher as well.

EFUT just went IPO last week, so there's not enough data to provide on the chart. The current resistance is $12 from the past 5 trading days. With the small outstanding shares and the float is around 1 million only. Once more traders find out about EFUT, it will likely to go up much higher. It's comparable to TZOO when it wen public. Based on the momentum, I see $15-$20 within a month.

Fair Disclosure: Hold a long position.